What is carbon credit

Q. What is carbon credit

A

A permit which allows a country or organisation to produce certain amount of carbon emissions

B

The total set green house gas emission cause by a country or organisation

C

it is an application of emissions trading approach

D

none of these

Solution:

A permit which allows a country or organisation to produce certain amount of carbon emissions is called carbon credit.
One credit permits the emission of a mass equal to one ton of carbon dioxide.
Companies that pollute are awarded credits that allow them to continue to pollute up to a certain limit.

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